Hold Onto Your Seats: XRP Primed For 90% Rally, According To Top Analyst
Renowned XRP analyst EGRAG has ignited a firestorm of excitement and skepticism with his bold prediction for the cryptocurrency.
EGRAG, known for his bullish XRP stances, is calling for a potential 90% surge in the near future, with a target price of $1.20.
This forecast hinges on a technical pattern identified by EGRAG – a “W” wave formation on XRP’s 3-day chart, which he believes historically precedes bull runs.
Related Reading: Analyst Bullish On Polkadot (DOT), Predicts $17 Price Target Before April XRP Long-Term Outlook The prediction has sent ripples through the XRP community.
Enthusiasts are buoyed by the prospect of such a significant price jump.
However, the forecast is not without its cracks.
EGRAG himself acknowledges a potential worst-case scenario where XRP could plummet by 30% to around $0.44.
This has some investors wary, questioning the possibility of a revisit to such lows.
#XRP Wave 10 ( $1 – $1.2) 🌊🔟: The 10th “W” Pattern is exceptionally well-aligned with the current market setup, signaling a potentially significant move.
Target Prices Remain Consistent: 1) Non-Logarithmic: $1 2) Logarithmic: $1.2#XRPArmy STAY STEADY and Appreciate the…